Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the “Minimum Level of Service” law in Illinois?

Illinois Law
0
Posted

What is the “Minimum Level of Service” law in Illinois?

0

Illinois passed a law requiring listing agents provide a minimum level of service to their clients. The law requires ALL agents to accept and present offers on your behalf and be available to you throughout the closing process for questions. This applies to offers submitted by licensed real estate agents only. If we receive an offer on your behalf we will notify you via phone immediately then email or fax a copy of the offer to you. We will also assist you during the negotiation process and be available to answer any questions you may have through the close of your transaction.

0

Illinois passed a law requiring listing agents provide a minimum level of service to their clients. The listing broker (including flat fee brokers) must accept and present all offers that come in for their clients property and be available to you throughout the closing process for questions. If we receive an offer on your behalf, we will notify you via phone immediately then email or fax a copy of the offer to you.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123